“Transitory” At Five: Why Inflation’s Ghost Still Haunts the Fed, Voters And Markets
Five years after U.S. Federal Reserve officials first described a surge in inflation as “transitory,” the term has become one of the most enduring—and politically damaging—labels in modern economic policymaking. The “transitory” framing still matters in 2026 because it shaped public trust in the Fed, influenced the timing of interest-rate hikes, and left a long […]
Trump’s SAVE America Act Would Require Proof of Citizenship to Vote
President Donald Trump is pushing Congress to pass sweeping election legislation that would require Americans to show proof of U.S. citizenship to register to vote in federal elections—an effort he has labeled a top priority even though the bill faces long odds in the Senate. The legislation, commonly referred to as the SAVE America Act, […]
Microsoft Weighs Lawsuit Over Amazon–OpenAI Cloud Pact, Escalating Tension Inside AI Alliance
Microsoft is considering legal action against OpenAI and Amazon over a cloud partnership that could undermine Microsoft’s exclusive hosting rights for key OpenAI services. At the center of the dispute is a reported $50 billion set of agreements between OpenAI and Amazon, including provisions that make Amazon Web Services (AWS) the exclusive third-party cloud provider […]
Diesel Shock Hits Freight and Factories: Middle East Supply Squeeze Pushes U.S. Pump Prices Past $5
U.S. average retail diesel prices have climbed above $5 a gallon, a level reached only twice in U.S. history, as the U.S.-Israeli with Iran roils global fuel markets and tests the world economy’s resilience. The spike reflects a worsening supply shock tied to the conflict’s impact on Middle East exports—especially after Iran’s near-total disruption of […]
Winds, Blizzards and Triple-Digit Heat Put Over Half the U.S. in the Path of Extreme Weather
A sprawling, high-impact weather system pushed more than half of the United States into overlapping threats—blizzards, damaging winds, severe storms and unusual heat—creating a rare “everything at once” scenario that disrupted travel, closed schools and prompted emergency preparations across multiple regions. The extreme conditions stretched from a surprising California heatwave to Upper Midwest blizzards and […]
Abdullah Ghaffar, Known as iHustleBro, Expands Real Estate Education Platform to Empower the Next Generation of Investors
Abdullah Ghaffar—widely known as iHustleBro—has officially announced the expansion of his real estate wholesaling and coaching platform, positioning himself as a rising voice in accessible wealth-building education. Operating under the brand iHustleBro, Abdullah has built a growing reputation for identifying off-market real estate opportunities and teaching aspiring entrepreneurs how to enter the wholesaling industry without […]
U.S. and Japan Align on Nuclear Project Between Westinghouse and Japanese Supply Chain
The United States and Japan have reached an agreement on how they would divide responsibilities in a potential joint nuclear power project that could involve American reactor builder Westinghouse and major Japanese equipment manufacturers. The arrangement is still described as “potential,” but the fact that both governments have aligned on roles signals momentum—and suggests the […]
U.S. And China Economic Chiefs Meet in Paris to Steady Trade Truce in Trump–Xi Summit
Senior U.S. and Chinese economic officials began two days of talks in Paris aimed at smoothing tensions in their fragile trade truce and clearing the way for a planned late-March summit between President Donald Trump and Chinese leader Xi Jinping in Beijing. The meetings are led by U.S. Treasury Secretary Scott Bessent and Chinese Vice […]
Democratic Senator Urges Tougher USMCA Rules to Stop Chinese “Backdoor” Manufacturing via Mexico
U.S. Democratic senator is urging the Trump administration to tighten the U.S.-Mexico-Canada Agreement (USMCA) to prevent Chinese companies from using Mexico as a manufacturing platform to reach the U.S. market under preferential trade rules. Sen. Ruben Gallego sent a letter to President Donald Trump and U.S. Trade Representative Jamieson Greer calling for a renegotiation that […]
Gold Exports Record Drive Sharp Narrowing in U.S. Trade Deficit
The U.S. trade deficit narrowed sharply in January as exports surged to a record high and imports edged lower, a shift that—if sustained—could make trade a positive contributor to economic growth in the first quarter. The Commerce Department said the overall trade gap in goods and services fell 25.3% to $54.5 billion. Economists had expected […]
